Mortgage packager Mortgages for Business has seen a 154% increase in sales since March 2007, this is also their busiest ever month since the packaging operation of Mortgages for Business was set up in late 2006.
Nick Blunt, head of business partner development at Mortgages for Business, says: “Contrary to some opinions across the market, packagers are even more necessary in the current climate. However, the packagers who are thriving in these difficult market conditions are the ones who add significant service value to the packaging process. Mortgages for Business can add considerable value by providing, among other things: dedicated case management, access to specialist buy-to-let sourcing tool ‘Bluesky’ and dedicated marketing support for individual campaigns.”
Furthermore, Mortgages for Business are not concerned about the recent rumors surrounding lenders cutting their panels.
Blunt says: “We package for a number of lenders and we have a totally exclusive relationship with specialist lender Keystone, these types of relationships give us a significant competitive advantage in the market.”